515 Fairview Avenue, Arcadia
$12,800,000
0 bd · 0 ba · 0 sqft · Multi-Family · Arcadia · 58 days on market
Updated September 3, 2026
Key Facts
- Property Type
- Multi-Family
- Year Built
- 1963
- Lot Size
- 44,896 sqft
- Garage
- 46 cars
- Stories
- 2
- Days on Market
- 58
- Listed
- Jul 7, 2026
- MLS #
- AR26148733
- Status
- Active
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About this home
Rare development opportunity in the heart of Arcadia's core commercial district, within the acclaimed Arcadia school district. The property sits on approximately 44,900 sq. ft. and consists of 2 buildings with 22 apartment units, fully occupied year-round — one of the most sought-after investment offerings in Southern California.The key upside is development potential: up to 40 dwelling units per acre (40 DU/AC), a rare opportunity for investors and developers. Buyers should independently verify specific development conditions with the City of Arcadia. Surrounded by a golf course, the L.A. County Arboretum, Santa Anita Park, a USC-affiliated hospital, major shopping centers, dining, schools, and major transportation corridors. Excellent location, strong demographics, and rare value-add development potential.
Highlights
- 0-bedroom, 0-bath multi-family.
- 0 square feet of living space.
- Located in Arcadia.
Price History
| Date | Price | Change |
|---|---|---|
| Sep 3, 2026 | $12,800,000 | — |
| Listed Jul 7, 2026 | ||
Location
About Arcadia
- Active Listings
- 210
- Median Price
- $1,568,000
Estimate a Monthly Payment
Estimated Monthly Payment
$83,594/mo
Includes estimated taxes and insurance at the assumption rates below. HOA dues are not included — enter your community's HOA (varies widely by community, and absent from listing data) for an accurate total.
- Principal & Interest
- $68,127
- Property Tax
- $11,733
- Insurance
- $3,733
- HOAnot included — enter your dues
- $0
Estimate only — not a loan offer or rate quote. Confirm actual figures with a lender.
Get Pre-Approved →Listing courtesy of CBD Investment Inc.
Based on information from California Regional MLS as of 2026-09-03T23:48:50.077Z. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS.